The cash price of primary Indian nickel experienced the biggest price shift of the day on global stainless markets, dropping 2.3 percent on May 21, 2012. The spot price of nickel rose 1.1 percent on the LME to $17,100 per metric ton after a two-day drop. The LME nickel 3-month price gained one percent to [...]
The cash price of Indian primary nickel moved up 2.1 percent on May 18, 2012, making it the day’s biggest mover on stainless steel and raw material inputs markets. The LME cash price of primary nickel saw a 0.2 percent decline to $16,910 per metric ton. Also on the LME, the 3-month price of nickel [...]
The week’s biggest mover on the Stainless MMI® was the price of Chinese primary nickel, which saw a 3.7 percent decline. This comes on the heels of a 0.5 percent increase the week before. Chinese 304 stainless steel scrap fell 1.6 percent over the past week, while Chinese 304 stainless coil prices were off slightly [...]
The price of Chinese primary nickel rose 0.8 percent on May 17, 2012, making it the day’s biggest mover on stainless steel and raw materials inputs markets. After two days of falling prices, it closed between $20,000 and $20,250 per metric ton.
On May 16, 2012, the price of Chinese primary nickel fell by two percent, making it the day’s biggest mover on the stainless and raw materials inputs markets.
With a decline of 0.8 percent on May 15, 2012, the price of Chinese primary nickel recorded the biggest shift of the day on the stainless market. The price of Chinese 304 stainless steel scrap remained essentially flat between $2,900 and $2,950 per metric ton. The price of Chinese 316 stainless steel scrap held steady [...]
by MetalMiner IndX Reports on May 14, 2012
Style: Industry News
Category: Ferro Alloys, Ferrous Metals, Metal Prices, MetalMiner IndX
Keywords: China, ferrochrome price, ferromoly price, Nickel, nickel prices, Stainless Steel, stainless steel prices
The week’s biggest mover on the Stainless MMI® was the cash price of Indian primary nickel, which saw a 2.1 percent decline. The 3-month price of nickel declined to $17,220 per metric ton after drifting 1.4 percent on the LME since last week. Since last week, the price of primary cash nickel fell to $17,135 [...]
by MetalMiner IndX Reports on May 11, 2012
Style: Industry News
Category: Ferro Alloys, Ferrous Metals, Metal Prices, MetalMiner IndX
Keywords: ferrochrome price, ferromoly price, LME, Nickel, nickel prices, stainless scrap prices, Stainless Steel, stainless steel prices
The nickel 3-month price saw the biggest shift of the day, dropping 2.3 percent on the LME to close at $17,070 per metric ton on May 10, 2012. The cash price of LME primary nickel weakened by 2.2 percent, settling at $17,030 per metric ton. Following a two-day drop, the cash price of Indian primary [...]